Procter & Gamble Has a Large ________ That Includes Product

question 232

Multiple Choice

Procter & Gamble has a large ________ that includes product groupings such as beauty and grooming (Crest toothpaste and Gillette razors) ,household care (Downy fabric softener and Tide detergent) ,and Pampers diapers.

• A)marketing mix
• B)product class
• C)product itemization
• D)product line
• E)product mix

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Definitions:

Increasing Rate

Increasing rate refers to a situation where the growth or rate of any variable, such as price, cost, or production, rises over a period.

Average Fixed Costs

The fixed costs of production (costs that do not change with the level of output) divided by the quantity of output produced.

Earrings

Decorative jewelry pieces worn on the earlobes or other parts of the ear.

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit, indicating the cost of producing one more item.